Côte d’Ivoire has inaugurated its largest gold mine, the Koné mine, located in Fadiadougou, in the Kani department of the Worodougou region, following an investment of more than 580 billion CFA francs.

The mine was officially opened on Thursday, November 12, by Vice Prime Minister and Defence Minister Téné Birahima Ouattara, in the presence of Mines, Petroleum and Energy Minister Mamadou Sangafowa-Coulibaly.

Built in less than two years, the Koné mine holds estimated reserves of 8.3 million ounces of gold, equivalent to approximately 258 tonnes. It is expected to produce around 10 tonnes of gold annually during its first eight years of operation, with an estimated lifespan of 20 years.

Speaking at the inauguration, Téné Birahima Ouattara said the project reflects the government's ambition to make mining the country's second economic pillar after agriculture. He also stressed the importance of environmental protection, social commitments and benefits for local communities.

According to Mamadou Sangafowa-Coulibaly, 55% of the mine's revenues will remain in Côte d’Ivoire, while its operations are expected to create jobs, particularly for young people and women.

A Local Mining Development Committee was also established, with an annual budget of 4 billion CFA francs to support surrounding communities.

The government aims to strengthen the country's position as a major gold producer in Africa, with additional mining projects planned in Tanda, Doropo, Boundiali and Afféma.